Companies Law
Art. 181Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The company’s articles of incorporation may, upon the approval of one or more
partners representing at least 90% of the company’s capital, provide for the
following:
a) Majority partners shall have the right to obligate minority partners to accept
an offer from a bona fide buyer to purchase all the company’s interests for
the same price and under the same terms and conditions applicable to the
purchase of majority interests.
b) In cases in which the majority sell their interests, minority partners shall have
the right to obligate majority partners to guarantee the sale of minority
interests for the same price and under the same terms and conditions
applicable to the sale of majority interests.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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